Over $350M in Liquidations Daily as Bitcoin Dumped Below $19K

After the recent market stagnation, BTC and many altcoins turning red, daily liquidations are back on the rise.

Ethereum lost all its gains and fell below $1,500 for a brief time, while BTC experienced a multi-week high.

Yesterday was a positive day in crypto markets, particularly for altcoins. Another major gainer was Ethereum Classic, which soared past $40. However, market sentiment changed after these increases. BTC fell to $18,500 at its lowest price since July, and was rejected by $20,000; Ethereum Classic failed to capitalise on this momentum, and dropped to $1,500. ETC was rejected at $20,000 and plummeted by approximately $1,500 to just under $1,500. The single largest wrecked position on OKX involved the BTC/USDT trading pairs.

CryptoPotato’s first post, Over $350M in Liquidations Daily and Bitcoin Dumped Below $19K appeared on CryptoPotato.

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Marla Brooks

Marla Brooks – Financial Analysis My name is Marla Brooks, and I am the mainstream behind the”observednews.com”  for the powerful and most delicate insights into the latest activities in the financial analysis category. I started my journey as an independent financial consultant. I had approximately nine years of experience in this field. I am free soul so; my passion for exploring the world has taken me to the nations across the globe and given me the chance to report for a portion of the best news associations. Currently, I am a full-time editor as experienced in finance and started to use my abilities.

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